Another simple system - Time-Frame 15 | Page 535 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi time frame Simple MACD system 824 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Another simple system - Time-Frame 15
Exit Attachments

Another simple system - Time-Frame 15

  • #10,681
  • Oct 22, 2012 11:21am Oct 22, 2012 11:21am
Quoting sashadeol
Brothers, any help and advise here?

http://clip2net.com/clip/m146154/135...-clip-35kb.png
Looks like its going higher.
  • #10,682
  • Oct 22, 2012 11:31am Oct 22, 2012 11:31am
Quoting pkimnyc
My god... You've been busy


Thank You pkimnyc,

appreciate your presence to help many of our brothers & sisters here.

Little bit of things to settle before I really can sit down and look for
trading oppurtunity.

I'm enjoying your posting, coz I believe reading to ahat others has to say, will enrich one knowledge.

Keep it flowing, and I see it really helps me and others.


Thank You

Sincerely

Gibril
  • #10,683
  • Oct 22, 2012 11:47am Oct 22, 2012 11:47am
If only it would close above, and TDI would confirm the cross :

http://clip2net.com/clip/m146154/135...-clip-35kb.png
If you want your dreams to come true, you better wake up !!!
  • #10,684
  • Oct 22, 2012 11:48am Oct 22, 2012 11:48am
Quoting sashadeol
If only it would close above, and TDI would confirm the cross :

http://clip2net.com/clip/m146154/135...-clip-35kb.png
how many pairs do you monitor?
  • #10,685
  • Oct 22, 2012 11:52am Oct 22, 2012 11:52am
It just did go up.

I should have entered.

http://clip2net.com/clip/m146154/135...-clip-24kb.png


Quoting pkimnyc
Looks like its going higher.
If you want your dreams to come true, you better wake up !!!
  • #10,686
  • Oct 22, 2012 12:09pm Oct 22, 2012 12:09pm
Quoting sashadeol
It just did go up.

I should have entered.

http://clip2net.com/clip/m146154/135...-clip-24kb.png
not worth it. let it go. why the rally at this time of the day?
  • #10,687
  • Oct 22, 2012 12:10pm Oct 22, 2012 12:10pm
i will be looking for reversal play either today or tomorrow on euro.
  • #10,688
  • Oct 22, 2012 12:11pm Oct 22, 2012 12:11pm
Yes, u r right.
Seems it just now changed to bearish divergence.

http://clip2net.com/clip/m146154/135...-clip-23kb.png

Quoting pkimnyc
not worth it. let it go. why the rally at this time of the day?
If you want your dreams to come true, you better wake up !!!
  • #10,689
  • Oct 22, 2012 12:20pm Oct 22, 2012 12:20pm
I only trade EURUSD.

But this thread and fellow brothers have made me addict and I am trying to hone skills to spot the trades on other currencies. As such, right now, not trading anything other then EURUSD. Hopefully, with help from GOD, master Arjun, fellow brothers like you, Gibril, X-man and everyone else on this thread, I will add AUDUSD & GBPUSD to my trading plan.


Quoting pkimnyc
how many pairs do you monitor?
If you want your dreams to come true, you better wake up !!!
  • #10,690
  • Oct 22, 2012 12:21pm Oct 22, 2012 12:21pm
Do you mean, EURUSD would go down?

Quoting pkimnyc
i will be looking for reversal play either today or tomorrow on euro.
If you want your dreams to come true, you better wake up !!!
  • #10,691
  • Oct 22, 2012 12:25pm Oct 22, 2012 12:25pm
Quoting sashadeol
Fellow senior brothers. In my effort to learn this method taught by Master Arjun, can you please help me, why this entry at EURUSD M15 was not a good entry ?


http://clip2net.com/clip/m146154/135...-clip-29kb.png
Ok my friend let’s try to analyse it step by step looking on you chart:
1)the entry you’ve shown is not correct because the candle really closed below 10 ema but look at tdi, the cross happened above yellow line and the green line has not crossed the yellow one
2)yes, the price closed below 10 ema but I haven’t seen the Lower low from the previous swing.
To show you more look at my screen the price closed right on the daily pivot and usually there is nice bounce off the pivot line; pivot line is nearly at the same place with 50 ema and they are very close to each other which indicates a kind of resistance.
I’d go long right after 3rd bearish candle (on your chart) with target at 200 ema.(or RN)

Regards,
Roman




EDIT !!!! I beg you pardon but the white ema is not 5o it is 21, sorry for that
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1350924081-clip-29kb.png Size: 81 KB
Click to Enlarge Name: 1.png Size: 107 KB
  • #10,692
  • Oct 22, 2012 12:32pm Oct 22, 2012 12:32pm
Quoting sashadeol
Do you mean, EURUSD would go down?
looking for long opportunity to swing, if the opportunity exist. should see the drop first.
  • #10,693
  • Oct 22, 2012 12:35pm Oct 22, 2012 12:35pm
I took two of GU trade according to basic setup. I moved one to BE and was cut out. I let the other run according to my initial plan from the daily.

I got 33 pips from the second trade.
Attached Image
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #10,694
  • Oct 22, 2012 12:35pm Oct 22, 2012 12:35pm
Quoting orko_555
Ok my friend let’s try to analyse it step by step looking on you chart:
1) the entry you’ve shown is not correct because the candle really closed below 10 ema but look at tdi, the cross happened above yellow line and the green line has not crossed the yellow one
2) yes, the price closed below 10 ema but I haven’t seen the Lower low from the previous swing.
To show you more look at my screen the price closed right on the daily pivot and usually there is nice bounce off the pivot line; pivot line is nearly at the same place with 50 ema and they...
That green arrow marked pinbar was also good enough to long... clear breakout of 200ema and 10ema bounce
Attached Image (click to enlarge)
Click to Enlarge Name: 7.png Size: 125 KB
  • #10,695
  • Oct 22, 2012 12:39pm Oct 22, 2012 12:39pm
Quoting ejiexe
I took two of GU trade according to basic setup. I moved one to BE and was cut out. I let the other run according to my initial plan from the daily.

I got 33 pips from the second trade.
nice entry man.. good job basics are enough to make consistent pips each day
  • #10,696
  • Oct 22, 2012 12:42pm Oct 22, 2012 12:42pm
Quoting sashadeol
Brothers, please help me understand, are these good entries for Shorts on GBPUSD m15 today?

http://clip2net.com/clip/m146154/135...-clip-30kb.png
always look for retest check green arrows
Attached Image (click to enlarge)
Click to Enlarge Name: 6.png Size: 119 KB
  • #10,697
  • Oct 22, 2012 12:45pm Oct 22, 2012 12:45pm
Quoting loveevery1
Part of stupidity....i wouldnt have worried if i had taken a wrong trade and lost -100pips....but i felt bad coz of my ignorance...lol

HE wanted to teach me something today....lesson learnt
Its bad but dont worry bro you can strike back.. you can recover it i know. so just gather your energy and start your recovery.

Good Luck
  • #10,698
  • Oct 22, 2012 1:05pm Oct 22, 2012 1:05pm
Quoting sashadeol
Brothers, please help me understand, are these good entries for Shorts on GBPUSD m15 today?

http://clip2net.com/clip/m146154/135...-clip-30kb.png
Next one,
I’ve marked those candles that the best entries let’s say: the reason is that there is a nice momentum candle and you MUST NOT enter immediately, wait a pullback to 10 EMA and if you see such candles …just pull the trigger.


Now look at my screen please, I’ve marked your arrows on my chart and will tell the reasons of the trades:
1st arrow: entry at 10 ema rejection (But it is a little bit risky trade for cause the price has not formed the LL) target 50 ema (it would bring you about 8-10 pips)
2nd arrow: I would trade that doji candle before candle with 2nd arrow with tp at pivot line…. but ok even after 2nd arrow wait for pullback to 10 ema and short when price couldn’t close above 50 EMA
3rd candle: same as 2nd => pull back to 10 ema short , next entry is doji below 10 ema=> short again
and go on further…. I think it became more clear now

Sorry for now guys it’s 2:03 night time here and I need to sleep cause tomorrow is work day
Regards,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1350924308-clip-30kb.png Size: 48 KB
Click to Enlarge Name: 1.png Size: 67 KB
  • #10,699
  • Oct 22, 2012 1:07pm Oct 22, 2012 1:07pm
Quoting Pip26
That green arrow marked pinbar was also good enough to long... clear breakout of 200ema and 10ema bounce
Yes my Brother, you are completely right, but i've just answered his question about red arrow

Regards,
Roman
  • #10,700
  • Oct 22, 2012 1:23pm Oct 22, 2012 1:23pm
Quoting Pip26
That green arrow marked pinbar was also good enough to long... clear breakout of 200ema and 10ema bounce
This is the exact entry i took........ I'm glad I am starting to look for the same things as you. I'd be more than happy if one day I can trade as you do.

I hate waking up around NY close and seeing all the setups I missed during the NY session.
What is any ocean but a multitude of drops?
9 traders viewing now